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What is LTC

Litecoin was launched in 2011 as a source-code fork of Bitcoin but with minor changes. It has frequently been described as "the silver to Bitcoin’s gold" due to its speed and low transaction fees, making for relatively better useability.


Since it also uses a blockchain ledger, Litecoin is a cryptocurrency like Bitcoin — and, as such, it is similarly traded. You can buy Litecoin on OKX in minutes using a range of different payment methods, including credit and debit cards, bank transfers and PayPal.</>

How to buy Litecoin?

Why buy LTC with OKX?

Simple

OKX makes it easy to buy Litecoin with a user-friendly interface

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy Litecoin

Fast

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history.

What can I do after I buy LTC?

Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.


Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.


Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.


Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.


Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.


Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.


How to buy Litecoin and store it safely?

Want to learn more before you buy Litecoin?

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history.
FAQ
  • What is Litecoin?
  • What is price of Litecoin?
  • How is Litecoin different from Bitcoin?
  • What is Litecoin used for?
  • Can i buy Litecoin with a credit card?
  • What are the most popular cryptocurrencies to invest in today?
  • What are the top cryptocurrencies I can buy on OKX now?

Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.


Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.


Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.


Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.


Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.


Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.